News Formal

Japanese Yen’s Drop Raises Potential for Broader Market Trouble

  • 📰 WSJ
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The Japanese yen has tumbled to a 20-year low against the U.S. dollar. That might be bad news for markets far beyond Tokyo.

Traders around the world watch the yen’s rise and fall not just to follow Japanese markets but also to gauge how investors globally are feeling.

Usually, when markets are rallying, the yen tends to weaken against other currencies. When markets get turbulent, the yen tends to gain ground.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Twitter Shares Gain Amid Widescale Stock Market Sell-off; Dow Drops Nearly 1,000 PointsWhile stocks took a steep tumble Friday in a widescale Wall Street sell-off, shares of Twitter rose more than 3.23 percent in value as Tesla founder Elon Musk continues his quest to buy the San Francisco-based social media giant.
Source: KPIXtv - 🏆 443. / 53 Read more »